Financial leaseLong-term, noncancellable rental agreement.
Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA)Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA)
Legislation that established the Office of Thrift Supervision, which was created in the wake of the savings and loan crisis of the late 1980s.
Independent financial adviserIndependent financial adviser
A person qualified to give financial advice to clients on life assurance, pensions, funds, and other financial products, who is not tied to any one financial institution.A financial adviser may charge his clients a fee for his advice, and, depending on his contract with product providers, may also receive a commission on the products which the client buys.In theory, an IFA's recommendations should be based on which company and products best suit the needs of the client, not on the level of commission he receives.In contrast, a company representative or tied agent is a financial adviser who is authorised to recommend only the products of the company he represents, so his advice is partial.Financial advisers have to make it clear to their clients whether they are independent or tied.
Financial planningFinancial planning
The service provided by a financial planner. This is a long term service provided for clients which considers all their financial affairs and which develops a plan for their financial objectives to be achieved. The plan is regularly reviewed to ensure goals remain on target with modifications being made as necessary.
Financial futuresFinancial futures
Futures contracts where the underlying instruments are financial such as shares, interest rates, currencies and indexes etc.
Financial plannerFinancial planner
A professional person qualified to give clients financial planning service.
Further SuggestionsFinancial adviser
Institute of Financial Planning
Perfectly competitive financial markets
Society for Worldwide Interbank Financial Telecommunications (SWIFT)
Financial Intermediaries Managers and Brokers Regulatory Association
Short term financial plan
Corporate financial planning
Chartered Financial Analyst (CFA)
Chief Financial Officer (CFO)
Percentage financial statement
Financial service income